Borealis, a leading provider of innovative solutions in the fields of polyolefins, base chemicals, and fertilisers, has announced it is building a new plant dedicated to automotive PP compounding.
Together with Borouge, a joint venture between Borealis and the Abu Dhabi National Oil Company (ADNOC), Borealis is well placed to serve its automotive customers on a global basis.
North Carolina was selected for the plant’s location due to its strategic position and proximity to the company’s customer base, as well as for the business-friendly and supporting environment of the State and the County.
This new facility will secure Borealis’ place as a local supplier to automotive OEM’s and their tier partners in North America, and serves to strengthen its leading position in Europe, Brazil, and China.
Ken Wiecoreck, President of Borealis Compounds, said: “We are very excited to be expanding our automotive business in North America, and look forward to working more closely with our customers in the region to deliver our global material innovations locally.”
The North Carolina plant is expected to become operational in early 2019, and will initially produce PP compounds in the Daplen family of PP thermoplastic olefins (TPO) and in the Fibremod range of PP short glass fibre (SGF) reinforced materials.
The plant will complement the existing Borealis Automotive Compounding assets in New Jersey.
Nicholas Kolesch, Head of Automotive Marketing at Borealis, said: “We are aware that North America is a competitive market with established suppliers, however, we are convinced that our cutting-edge material solutions will continue to help our customers create value through innovation and enable us to grow with them on a global basis.”
